Aug 1, 2026

Coinbase spent 5 years building a life raft away from Bitcoin and still managed to lose $359M

Coinbase told investors on Thursday that 88% of its second-quarter net revenue came from something other than Bitcoin spot trading. The same release reported a $359.5 million net loss under US accounting rules, the company's third consecutive losing quarter. Both numbers describe the same three months.

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Bitcoin ETFs attract $172M in July inflows, ending two months of brutal redemptions

The July inflows signal a fragile stabilization in Bitcoin ETFs, highlighting dependency on BlackRock and the need for broader institutional support.

August 1, 2026, 7:35 am
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Bitcoin ETFs end July in the green despite late-month selling

Spot Bitcoin ETFs attracted $172.4 million in July inflows but remained $5.3 billion negative year to date after heavy withdrawals in May and June.

August 1, 2026, 7:23 am
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Bitcoin survived July’s biggest shocks: What’s next?

Bitcoin managed to finish July up nearly 8 percent. BTC defied rate-hike fears, the AI-driven sell-off and a major exchange security breach. However, traders are now waiting on cues from the jobs data and a potential return of spot Bitcoin exchange-traded funds.

BTC Exchange Price

$63,071.00  -1.80%

$62,425.00 Low High $63,946.00

$1.27T Market Cap

$23.59B Total Volume (1.86%)

$126,080 All Time High -49.98%

until new daily candle